Clearly Payments

OCTOBER 31, 2024

Growth : In regions such as Southeast Asia and Latin America, bank transfer payments have grown by 20% annually due to increasing banking access. Faster Payments (U.K.), Wholesale CBDCs focus on interbank settlements, enhancing security and efficiency in large transactions between financial institutions.

Online and Mobile Banking

Fintech News

MAY 11, 2025

DBS Bank is also a participating bank in PayNow, Singapores consumer real-time payments service. PayNow is connected to the likes of Malaysias DuitNow and Indias Unified Payment Interface (UPI) system, enabling cross-border instant payments.

Cross-Border Payments

PYMNTS

JANUARY 21, 2019

Instant payments are a tool of similar utility, which is quickly on its way to becoming a standard for consumers and their payments, just as antilock brakes became for cars and their drivers. The same thinking has now crossed the instant payments chasm. The second group, he noted, is much larger than the first.

Instant Payments

Fintech Finance

MAY 29, 2024

Worldline [Euronext: WLN], a global leader in payment services, has signed a contract with Banque Raiffeisen , making them Worldline’s first client on its cloud-based instant payments solution in Luxembourg. We look forward to working more closely with Banque Raiffeisen in new and exciting ways.”

Instant Payments

PYMNTS

NOVEMBER 16, 2020

Real-time payments continue to gain traction around the world. The country’s banking system is giving an upgrade to its instant payments system. Called PIX , the new payment rails have been in the works for some time and launched last week. and is the country’s current domestic clearing and settlement system.

Real Time Payments

PYMNTS

AUGUST 7, 2020

Established by the central bank and owned by a group of local lenders, the instant payment system facilitates inter-bank transactions. In July, the National Payments Corp. The platform’s transaction volume increased to a record $1.34 billion in June as COVID-19 prompted Indians to avoid cash and change their buying behaviors.

Digital Payments

PYMNTS

SEPTEMBER 7, 2018

Insurance settlements have long been processed by legacy payment methods and often entail lengthy processing times — pain points which often keep customers from quickly accessing the funds. Fortunately, companies from around the insurance and payment processing space are working to improve the last mile of the claims payment process.

Settlement